By keeping current on new tax laws and legislation, we are in a
position to identify key tax planning opportunities that minimize both
your current and future tax liabilities. So, we have to make ourselves
updated with latest tax laws, tax planning and tax services that can be
provided by various companies, tax consultants or agents. We provide
our individual or business clients with the taxation expertise that
they deserve throughout the year.
When you prepare a federal return
with our company, we are giving you the power to prepare complex income
tax returns, also including your resident and non-resident state tax
returns, and city income tax filings. During tax season, our U.S.-based
tax experts are standing by 24/7 to answer your tax questions.
to top tax executives across the United States, the most important
attributes of a tax advisory firm are service responsiveness, the
ability to implement proposed solutions, a reputation for quality and
how deeply it understands your business.
- Tax Planning & Return Preparation:
Tax planning and return preparation form a winning combination for our
Successful individual and business clients. Whether you are an
individual or a Multi-tiered partnership, our experienced staff can
develop tax strategies that
take advantage of new tax laws and legislation.
tax-compliance work overseas can enable our company to focus on
higher-margin services such as tax consulting, to reduce labor costs,
and to increase the speed of tax-return processing.
- Individual and corporations & Partnerships:
you would like us to prepare your individual tax return, we offer
knowledgeable, professional and affordable service for resident
and nonresident alien foreign nationals and expatriate United States
residents. We will carefully consider benefits and filing
elections to minimize your tax obligation and maximize your refund
while keeping in full compliance with U.S. tax laws.
Our main area for individual tax at a glance:
qualification and optimization of equity based incentive
plans for national and international tax purposes
- National and international social security consulting (contributions and benefits)
- Lump-sum taxation
- Approval of business expense reimbursement schemes
tax is paid by the limited companies on their profit. Corporation tax
is not payable by the self-employed. Some organization does apply this
tax, even if they are not limited companies:
- Members’ clubs, societies and associations
- Trade associations
- Housing associations
- Groups of individuals carrying on a business but not as a partnership, e.g. co-operatives.
For leading companies, analyzing global effective tax rates isn’t the
end game. Creating competitive advantage by incorporating the tax
perspective in all business objectives and decisions is.
#Partnerships: A partnership us a relatively simple and flexible way for two or more people to own and run a profit-making business together.
profits are shared amongst the partners. Individual members of the
partnership are each personally responsible for paying income tax on
their share of these profits.
It may be possible for partnership members to be companies rather than
individuals. If so, they must pay corporation tax on their profits from
the partnership, and should include the profits on their self
assessment return for corporation tax.
(c) LLC’S and LLP’S:
Limited Liability Company is some different type of business entity. An
LLC is an alternative to partnerships and corporations by combining the
corporate advantages of limited liability with the partnership
advantage of pass-through taxation.
LLC offers the following advantages:
1. Limited Liability: Liability is limited to the amount of
Capital which the member has invested in the LLC.
2. Pass-Through Taxation: The earnings of an LLC are only taxed once.
3. Flexible Management Structure and Flexible Ownership: LLC can establish any organizational structure, if all its members are agreed.
the owners of sole proprietorships and partnerships, LLC owners report
business income and losses on their personal tax returns.
the owners of a corporation are referenced as shareholders or
stockholders, the owners of a limited liability company are often
referenced as "members".
Liability Partnerships (LLPs) are a new type of corporation. LLPs will
be of use to professional clients for structuring their own practice
with limited liability. They can be used for any type of business,
provided there are at least two members.
give the proprietors the benefits of limited liability whilst allowing
the business to take advantage of the structure and taxation
regime of a traditional partnership.
It is now also possible to
incorporate a limited liability partnership (LLP), maintaining many of
the characteristics of a general partnership but with the protection of
limited liability against creditors of the partnership. This benefit is
coupled with certain regulatory public filing requirements which are
not imposed on a general partnership.
Profits are shared amongst members of
a limited liability partnership (LLP), and individual members-not the
LLP- pay income tax on these profits. Unlike limited companies, LLPs
don’t have to pay corporation tax.
- Non-Profit Organization: An
organization not conducted or maintained for profit, whose net earnings
are devoted exclusively to charitable, educational, or recreational
purposes. Includes associations, community groups, non-government
organizations and political campaign organizations established to
influence legislation or elect a candidate for public office. Only
non-profit moving image organizations that are not defined specifically
as an organization type are included here. An enterprise formed with a
profit motive, i.e. Charitable, Civic, or Cultural Organizations such
as the American Red Cross, United Way, etc.
many countries, nonprofits may apply for tax exempt status, so that
financial donors may claim back any income tax paid on donations, or
deduct from their own tax liability the amount of the donation, and so
that the organization itself may be exempt from income tax and other
taxes. Only limited types of tax exempt, non-profit organizations offer
to donors the advantage of deductions for the amount donated.
- Tax- Effects of Buying and Selling Effects: Structuring
the purchase or sale of a business properly is a critical step in the
process of buying or selling a business. Our competent staff has
experience to guide you through the acquisition/disposition process by
addressing such issues as cash flow analysis and tax considerations.
Everything you need to know about buying or selling a business, from
brokers to valuation to negotiating the deal. Save money, time, and
energy by doing your research here before you buy or sell.
After you sell your business, the amount of tax you owe will depend on
the internal structure of your company and how you structure the sale.
If you plan wisely you can minimize your tax liability. Remember that
the rate at which you're taxed depends on the character of the gain.
The tax rate on capital gains is less than the tax rate on ordinary